THE INDEPENDENT INSURANCE-BROKERING NETWORK

Change in fire recourse arrangement per 2014

12 May 2014 Annelies Vermeer

In The Netherlands the property insurer of a third party can recover a payment from a company, in case that company is held responsible for the fire damage. Until 2013 the maximum amount was € 500.000. Since 2014 there is no longer a limited amount. This means companies can be exposed to unlimited claims from property insurers.

An unlimited claim from a property insurer is possible in case of inaccurate acts or neglect. Our advice to companies is to check the cover of the liability insurance and to increase the insured sum of the liability insurance to at least € 2.500.000 per occurance.

Eubronet - European Brokers Network - is a partnership between insurance brokers based in several European countries, including a collaboration with a USA-based broker.

The purpose of the network is for insurance brokers to offer their clients the highest quality service in relation to international business and international risks.

Eubronet enables customers to connect to insurance experts who have a specific knowledge of the legal requirements and needs within their own market.

Eubronet offers an international, personal service in all countries in which Eubronet partners are located.
Eubronet brokerage services are also available in other markets in which customers conduct business or have conducted business in the past, or for professional reasons, such as Africa, the Middle East, South America, Australia and the Far East.

Eubronet exists 25 years! A wonderful milestone, 25 years the Eubronet insurancebrokers are serving customers who do business and have risks beyond its own borders.

Change in fire recourse arrangement per 2014

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